BlackRock’s proposed Bitcoin ETF would hold no Bitcoin or spot ETF shares
BlackRock filed with the SEC on Oct. 19 for the iShares Bitcoin Managed Protection ETF (PBIT), a fund that would hold choices and fixed-income securities and achieve Bitcoin publicity by means of derivatives. The preliminary prospectus excludes direct Bitcoin and spot Bitcoin ETP holdings. The securities can’t be offered till the registration assertion turns into efficient. Money that…
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